
Owners of Union 525 incubator plan $10M building on South Meridian
The tech incubator owners plan to construct a six-story building directly south of the existing Union 525 building.
The tech incubator owners plan to construct a six-story building directly south of the existing Union 525 building.
Onyx + East will build 23 townhouses on a 0.95-acre lot, with plans to list the homes in the upper $200,000 to lower $300,000 range.
While the city and Kite Realty Group discuss a slower development timetable for the massive hospitality project, White Lodging said it is holding off on plans for another downtown hotel “until we figure out what’s going on at Pan Am Plaza.”
Pacers Sports & Entertainment is going down to the wire in lining up a new sponsor for the fieldhouse. But the wait might give it extra leverage to strike an especially lucrative deal.
A local food distribution company that plans to move its operations to Whitestown next year will have to pay off $98,406 in tax breaks, the Metropolitan Development Commission ruled this week.
The two local developers said they hope to start work on a 267-unit apartment project in Glendale Town Center’s parking lot by the end of this year.
The food hall is part of the much-larger, $300 million Bottleworks development at 850 Massachusetts Ave. that will include retail, residential, office and restaurants, as well as a hotel.
Three data science experts spoke with IBJ about the benefits—and difficulties—associated with the practical use of artificial intelligence.
Indianapolis Motor Speedway officials learned Wednesday morning the Red Bull Air Race it was slated to host Oct. 19-20 was canceled as part of a decision to disband the series altogether.
A portion of the building’s facade will be replaced with clear glass as part of its $80 million conversion into apartments and retail space.
NBC’s first broadcast of the Indy 500 earned a household rating of 3.43, the best for the race since the 100th running of the race earned a 4.1 rating in 2016.
NBC mainstays Savannah Guthrie and Al Roker were joined by Tom Hanks at the Indianapolis Motor Speedway as part of a live broadcast honoring caregivers to U.S. military veterans.
The extension, announced Wednesday, means Indianapolis will keep the event through at least 2021. It has hosted the combine since 1987.
The Fever are coming off a couple of dismal seasons, with just nine wins in 2017 and a franchise-worst six last year. New leadership will be at the helm to try to pull off the turnaround.
Ambrose partners with Glick as part of $200M first phase at Waterside development
The 18.1-acre parcel is one of the few remaining undeveloped sites of significant size on Indianapolis’ northern edge. Although it’s bordered by homes, local brokers foresee commercial development.
Indianapolis-based mall owner Kite Realty Group Trust this month filed a request with the Marion County Board of Zoning Appeals to change zoning for some of the parking lots just east of the shopping center.
The Indians will get a new club and additional space in their administrative offices with a multi-million-dollar project expected to start once the 2019 season concludes. The project has received approval from the Capital Improvement Board.
Redevelopment experts are confident the west side will see a jolt in property values and development opportunities as plans to extend a Speedway trail both east and west move forward.
Local firm KennMar plans to turn a downtown law office building on East Washington Street into a Tribute by Marriott-branded boutique hotel with 90 rooms, a restaurant, a courtyard and a rooftop patio.